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Cannabis Sativa Inc   (CBDS)
Other Ticker:  
 
    Sector  Services    Industry Personal Services
   Industry Personal Services
   Sector  Services
 
Price: $0.0133 $0.00 -2.920%
Day's High: $0.0168 Week Perf: -20.36 %
Day's Low: $ 0.01 30 Day Perf: 9.92 %
Volume (M): 10 52 Wk High: $ 0.06
Volume (M$): $ 0 52 Wk Avg: $0.02
Open: $0.01 52 Wk Low: $0.00



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 52
 Employees -
 Revenues (TTM) (Millions $) 1
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Cannabis Sativa Inc
Cannabis Sativa Inc. is a company that specializes in the production, distribution, and research of cannabis-based products. It is focused on developing pharmaceutical and wellness products derived from the Cannabis sativa plant. The company's objective is to create safe and effective cannabis products that cater to various medical and recreational needs. Cannabis Sativa Inc. is dedicated to staying at the forefront of the evolving cannabis industry and capitalizing on the growing demand for cannabis-based products.


   Company Address: 450 Hillside Mesquite 89027 NV
   Company Phone Number: 762-3123   Stock Exchange / Ticker: CBDS
   CBDS is expected to report next financial results on April 19, 2024.


   

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Cannabis Sativa Inc

Cannabis Sativa Inc (CBDS) Suffers Substantial Decline in Revenue Over Q3 2023, Reflecting Challenging Market Conditions



Cannabis Sativa Inc (CBDS) has recently released its financial results for the July to September 2023 period, indicating zero gain per share compared to the previous year. The company witnessed a significant decline in revenue, both year-on-year and sequentially. This article aims to outline the financial facts and contextualize them to provide a better understanding of the current situation.
Financial Results:
During the third quarter of 2023, CBDS reported zero gain per share, similar to the previous year. However, this marked a decline from the preceding quarter?s loss of $0.01 per share. The company's revenue experienced a significant hit, plunging by 29.203% to $0.27 million compared to $0.38 million in the same quarter the previous year. Sequentially, the revenue fell by 16.086% from $0.32 million.

Cannabis Sativa Inc

Cannabis Sativa Inc Faces Grim Outlook as Stock Plummets and Revenue Plunges by 29.137%



Cannabis Sativa Inc, a leading company in the Personal Services industry, has seen a significant decline in its stock value in the past five trading days. This downward trend compounds the company's year-to-date performance, which already stands at -52.22%. Recent financial results for the second quarter of 2023 reveal a notable increase in losses, primarily attributed to declining demand. As Cannabis Sativa Inc braces for the future, it is imperative to examine how these ongoing challenges may impact the company moving forward.
1. Declining Demand and Financial Performance:
The second quarter of 2023 financial report unveiled a further rise in losses for Cannabis Sativa Inc. With a loss per share of $-0.01, the company recorded a marginal increase compared to the same period last year. Furthermore, revenue fell significantly by 29.137% to $0.32 million, down from $0.46 million in the previous year. This declining demand suggests that the company may encounter difficulties in maintaining profitability.






 

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